BNP Paribas Financial Markets Boosts Stock Position in Teradata Co. (NYSE:TDC)

BNP Paribas Financial Markets lifted its stake in Teradata Co. (NYSE:TDC - Free Report) by 127.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 112,049 shares of the technology company's stock after buying an additional 62,826 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.12% of Teradata worth $3,400,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Algert Global LLC boosted its position in Teradata by 46.3% in the 3rd quarter. Algert Global LLC now owns 113,106 shares of the technology company's stock worth $3,432,000 after purchasing an additional 35,800 shares in the last quarter. SG Americas Securities LLC boosted its holdings in Teradata by 114.7% during the second quarter. SG Americas Securities LLC now owns 56,346 shares of the technology company's stock worth $1,947,000 after buying an additional 30,096 shares in the last quarter. Pacer Advisors Inc. grew its position in Teradata by 21.7% during the third quarter. Pacer Advisors Inc. now owns 2,071,302 shares of the technology company's stock valued at $62,843,000 after buying an additional 369,123 shares during the period. Assenagon Asset Management S.A. increased its holdings in Teradata by 85.2% in the second quarter. Assenagon Asset Management S.A. now owns 47,866 shares of the technology company's stock valued at $1,654,000 after buying an additional 22,027 shares in the last quarter. Finally, John G Ullman & Associates Inc. raised its position in shares of Teradata by 46.8% in the third quarter. John G Ullman & Associates Inc. now owns 144,850 shares of the technology company's stock worth $4,395,000 after acquiring an additional 46,200 shares during the period. 90.31% of the stock is owned by institutional investors and hedge funds.

Teradata Trading Up 1.5 %

Teradata stock traded up $0.48 during trading on Thursday, reaching $32.31. 1,392,071 shares of the company were exchanged, compared to its average volume of 939,649. Teradata Co. has a 52-week low of $24.02 and a 52-week high of $49.44. The company has a market capitalization of $3.09 billion, a P/E ratio of 38.46, a PEG ratio of 3.11 and a beta of 0.79. The stock's 50 day simple moving average is $30.90 and its two-hundred day simple moving average is $30.89. The company has a debt-to-equity ratio of 4.01, a current ratio of 0.80 and a quick ratio of 0.79.

Teradata (NYSE:TDC - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.56 by $0.13. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The firm had revenue of $440.00 million during the quarter, compared to analyst estimates of $417.71 million. During the same quarter in the prior year, the firm posted $0.14 earnings per share. Teradata's quarterly revenue was up .5% on a year-over-year basis. On average, equities research analysts expect that Teradata Co. will post 1.41 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently commented on TDC. Royal Bank of Canada restated a "sector perform" rating and set a $32.00 target price on shares of Teradata in a research report on Tuesday, November 5th. Evercore ISI boosted their price objective on Teradata from $34.00 to $37.00 and gave the company an "outperform" rating in a research report on Tuesday, October 15th. Northland Securities decreased their target price on Teradata from $38.00 to $37.00 and set an "outperform" rating on the stock in a research report on Tuesday, November 5th. Barclays dropped their price target on shares of Teradata from $30.00 to $29.00 and set an "underweight" rating on the stock in a research note on Tuesday, November 5th. Finally, UBS Group increased their price objective on shares of Teradata from $24.00 to $26.00 and gave the company a "sell" rating in a report on Tuesday, November 5th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Teradata has a consensus rating of "Hold" and an average price target of $39.91.

Insider Activity at Teradata

In other Teradata news, insider Hillary Ashton sold 14,962 shares of Teradata stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total value of $411,903.86. Following the sale, the insider now owns 121,382 shares in the company, valued at $3,341,646.46. The trade was a 10.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.92% of the stock is currently owned by insiders.

Teradata Profile

Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, an open and connected platform designed to leverage data across an enterprise. Its business consulting services include support services for organizations to establish a data and analytic vision, enable a multi-cloud ecosystem architecture, and identify and operationalize analytical opportunities, as well as to ensure the analytical infrastructure delivers value.